Dividend Declaration

British Empire Sec & Gen Tst PLC
2 April 2001



British Empire Securities and General Trust p.l.c.

The Board announces that the rate (gross of income tax) on the Index Loan
Stock for the quarter ended 31 March 2001 is 2.195p per unit calculated on a
net dividend basis, equivalent to £21.95 per 1,000.  The record date is 30
March 2001 and the payment date is 10 April 2001.